Betty Hou

Taiwanese one thousand dollar banknotes arranged in Taipei, Taiwan, on Tuesday, May 6, 2025. The Taiwan dollar surged as much as 4.8% on Monday, fueled by concerns over the US dollar’s outlook and speculation that Taiwan may let its currency gain as it seeks a trade deal with the US. Photographer: An Rong Xu/Bloomberg via Getty Images

Taiwan dollar surges more than 2% as traders test central bank

By Betty Hou, Matthew Burgess, and others

Taiwan’s President Lai Ching-te delivers an address to mark the first anniversary of his inauguration at the Presidential Office in Taipei on May 20, 2025. Taiwanese President Lai Ching-te celebrates his first year in office on May 20 as his government grapples with Chinese military pressure, US tariff threats and domestic political turmoil. (Photo by CHENG Yu-chen / AFP) (Photo by CHENG YU-CHEN/AFP via Getty Images)

Taiwan plans wealth fund to counter China with global expansion

By Yian Lee, Betty Hou, and others

An aerial photo is showing the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, China, on August 1, 2023. TSMC announced on March 8, 2024, that its consolidated revenue for February 2024 was about NT $181.65 billion, which represents a 15.8% decrease from the previous month, yet an 11.3% increase year-on-year. The cumulative revenue for January to February 2024 was approximately NT $397.43 billion, marking a 9.4% increase over the same period the previous year. (Photo by Costfoto/NurPhoto via Getty Images)

Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI

By John Cheng, Betty Hou, and others

Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022. – The meeting, held in Stavanger from August 29 to September 1, 2022, presents the latest developments in Norway and internationally related to the energy, oil and gas sector. – Norway OUT (Photo by Carina Johansen / NTB / AFP) / Norway OUT (Photo by CARINA JOHANSEN/NTB/AFP via Getty Images)

Elon Musk’s ex-girlfriend is auctioning mementos from their college romance, including a handwritten birthday card for over $10,000

By Betty Hou and Bloomberg